The number insurance agencies has dramatically increased to 40,000, up from 36,000 in 2020. According to the Big I (here, here), the creation of new, mostly smaller, agencies drove the increase during covid. This is despite a high degree of mergers & acquisitions (M&A) activity in insurance distribution during the same period. eSpecialty Insurance is your specialty insurance expert. We have developed a streamlined marketplace to provide multiple proposals from a range of competitive insurers, along with expertise to help you evaluate your exposures and choose the best combination of comprehensive coverage and price. Try our online Cyber Insurance Quoting Portal. We look forward to working with you.

Check out a recent article on Surplus Lines Insurance on Industry Insights.

Check out a recent article on investments & Fraudulent Funds Transfer on Industry Insights, & the need for Cyber Insurance.

2021 was a difficult year for cyber insurance. Cyber attacks are becoming even more pervasive, and the damage is growing even as attack vectors shift to avoid cyber security measures. Insurers are responding with tighter underwriting and continued rate increases.

Check out a recent article on Cyber Insurance underwriting on Industry Insights.